Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion

The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of 10 new contracts for gold exploration with investments more than $11 million.

Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.

The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it could lead to more opportunities for exploration and production (E&P) bid rounds in the Mediterranean.

TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Company’s (Ganope) assets in Upper Egypt.

Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the new Egypt-Greece maritime demarcation agreement will create exploration and production (E&P) bid round opportunities in the Mediterranean.

Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea.

Nagiub Sawiris, the Billionaire businessman, said that he negotiates with the government to acquire 51% stake in the state-owned Shalateen Mining company which came in parallel with his intent to start his activity in the mining industry.

The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala Petroleum (30%), while the second concession is located in Block 3 with Shell being the sole license holder.